This should provide for some interesting on going rivalry between the Clippers and the Trail Blazers, since Ballmer and Allen are not the best of friends.
The Volkswagen short squeeze in 2008 is a good read. Many consider it the greatest short squeeze in history. The shares ended up increasing by 5x during it's peak. German billionaire Adolf Merckle, one of the 100 richest people in the world, was trapped in a short position during the short squeeze. He lost so much that he ended up killing himself by jumping in front of a train
I had recommended the following DNDN spread trade to my friend who is expecting a move to $10.
Long Jan 2015 4.00 calls AND short Jan 2015 1.00 puts
She just got filled 20 spreads for a net debit of 0.01
However, she should be able to do this spread for a debit of 0.00 if the share price were to drop just slightly.
If the share price drops further, she plans to do the same spread but roll down to the Jan 2015 3.50 calls.
Her goal is to end up with 250 spreads.
She would then be effectively long 25,000 shares with a cash outlay of only $250 or less. No need to spend $55k to buy the shares.
There is huge backwardation for oil futures. I wonder if Cramer's oil analyst had taken this into consideration when making the prediction for the drop in crude prices.
July 2014 102.92
June 2015 93.82
Dec 2015 90.97
Dec 2016 86.70
Dec 2017 84.60
Dec 2020 81.91
One of the guys on Fast Money, mid-day Tuesday said he was selling his position in financials, including BAC, especially in view of a possible market correction. I think it was Steve Grasso.
Also, the gap may need to be filled before traders will feel confident enough to remain long BAC.
There were articles even a couple of weeks ago stating that the IV of HSH options was increasing. Pete mentioned that the volume of call buying last week for HSH was huge compared to their normal volume.
If there was insider trading, would we hear about it?
Special options will tend to have a wider bid/ask spread.
I have only been trading MNKD for 2 months so any comments (intelligent) would be helpful.
So who is Tesla Rowe and what does he have to do with MNKD? I found his blog from Aug 2010 where he stated that "Mannkind is garbage". Is this what you are referring to?
Why was this post deleted?
If anyone is going to play this, the risk/reward needs to be addressed. A timeline of events relative to the price changes would be helpful, especially for those who have only been in MNKD for a relatively short period of time.
With VIX at 11.36, what do you think of the VIX Aug 15/19 call spread for a debit of 1.00?
I am considering doing this to hedge my SVXY call spreads.
King, Tim Seymour recommended buying C today on CNBC.
I used to trade it prior to the reverse split. This was probably one of the actively traded stocks before the RS.
So are you are saying that this is going to go up substantially within one year from now?
How are you playing this? Jan2016 calls? ITM or OTM calls? call spreads?
I had made a mistake. I had meant XIV.
This is from InteractiveBrokers:
Securities Ineligible for Portfolio Margining
Outlined in the table below are ETN products which will no longer be eligible for Portfolio Margining and will be subject to Reg. T margin during the week beginning May 19, 2014.
Note that the term "Class Group" refers to an aggregation of securities of a like issue and which are afforded full offset between their respective risk computations at a given scenario. The term "Product Group" refers to an aggregation of one or more Class Groups which have historically exhibited sufficiently high positive correlation to allow partial offset between their respective risk computations.
Class and Product Group offsets are offered only under the Portfolio Margining methodology and once positions are subject to Reg. T methodology, these offsets will not be recognized and the margin requirement on positions previously offset will increase.
Could some of this be considered insider trading? Somebody knew about this increased offer and was trading on this info before it became public.
Has anyone heard about the coming change in margin requirements for these two ETNs?
Because of the perception that ETNs have a higher risk, they may not even be marginable with the new rules.
This would affect any long and short shares position. This may also affect the margin requirements if you are naked shorting the options.
Did anyone notice the large options trade this morning?
2500 of the June 105 put options were bought for 0.85
Is the buyer bearish or just hedging a large position?
If you are long UVXY, options would give you a slight edge. With UVXY at 45.30, the June 40/50 call spread could be bought for a debit of around 3.50. This would give you an effective share price of $43.50
I have been doing a variety of option strategies while waiting for the price to drop. One of them is the Jan2016 2.50/10.00 call spread for a debit of 2.50 This would give you an effective share price of $5.00 and a max profit of 5.00 (200%). Also, your account will not be subjected to the severe drawdowns of owning shares in the event of a price collapse.
Buying puts is part of my earnings strategy for stocks.
Lets say MNKD drops down to 5.50 during tonight's CC. I could then buy the shares AH at 5.50
I will have made money on the price drop by owning the puts, while also buying shares at a lower price. Now in case the shares were to drop further in price the next day, there would be no loss because they would be hedged by the puts.